Jan 4, 2013 9:00am EST
, with the unemployment rate at 7.8% below consensus. with warmer than normal temps and impact of sandy being felt, how good of a read is this? goldman sachs upgrades for citi, conviction buy list, stronger bakes have fewer levers to pull in this tough environment. retail movers, target, underarmour, and we'll get cramer's take in just a few moments. a weaker than expected jobs report with december nonfarm payrolls coming in below stilts of 155,000. kelly evans is live at headquarters with a wrap-up of the details. >> a few people getting a sense of what we saw. i think one of the points here is job growth is becoming a little more consistent. we saw payrolls grow about 155,000 in december. in fact, that's almost bang on the average on the whole year. despite some of the choppiness early in the discovery, they're gaining traction now. a concern remains about 2013 in particular, what could happen when payroll taxes do increase on that point. it was encouraging to see for the second straight month a growth in average hourly earnings as well. >> kelly, thank you. is that good enough to say that the averag
Jan 11, 2013 9:00am EST
catch ats that come along with ma sandy did in the northeast. >> it depends. quite frankly, with what you're looking at. in the north and east there are caveats related to sandy, because there was the interruption of flow and rebuilding efforts, but in the you have a different stories. it's all about fracking, natural gas, the increase in oil production and chemical production. the stuff that makes stuff, as we like to call it. >> why do you think freight has -- we look at transports overall. why is that? and i wonder if a fedex, for instance, when it comes to general freight came out with guidance better than we're getting, if that would change the picture? >> it would certainly. we're seeing a worldwide slowdown, but again it depends entirely on where you're looking. if you look at the union pacific, that stock has dramatically outperformed the rest of its peers, because it is moving, you know, look at the balkan in particular, hot spots in the industry. the balkan 18 months ago was producing 10 million barrels a monday in cruelty. now we're more than double that. as a result we've
Jan 7, 2013 9:00am EST
recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. maybe you want to incorporate a business. or protect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. get started at legalzoom.com today. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies.
Jan 8, 2013 9:00am EST
rebuilding communities in new orleans and new york from hurricane sandy. celebrating the fifth annual corporate governance awards. right out of the gate, watching apple shares climb 1%. nice move after the past couple of days. there's some reports that tim has made a second trip to china since march. he met with the head of ministry and information technology. >> china, there's a -- we know china, the ipad, ipad mini is selling well. the information on apple is -- there is not a source that doesn't have a view on apple. you find yourself overwhelmed by the data points. which is why i've said own the stock. when i see samsung reporting, and i talk to people and say, the samsung device outside of the united states is much larger. >> they sold 62 million smartphones in the quarter. apple sold 45 million iphone 5s. they benefited from the supply issues when the iphone 5 launched. >> 500 handsets a second from samsung. the galaxy is now the best selling smart foun, surpassing the 5 and 4-s. >> the mini ipad moving things a little bit. is there something that they have that no one's dreamed